Business
Chief Executive Announcement
Chief Executive Announcement.
About this update from Johnson Matthey Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 0140S\n Johnson Matthey PLC\n 11 November 2021\n \n \n \n \n 11th November 2021\n \n \n \n \n \n Johnson Matthey Plc\n \n \n (the Company)\n \n \n \n \n Johnson Matthey Chief Executive Announcement: Liam Condon appointed as new Chief Executive \n \n \n \n \n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION\n \n \n \n \n \n \n \n \n Johnson Matthey (JM) has today announced that Robert MacLeod has advised the Board of his intention to retire as Chief Executive, and is pleased to announce that Liam Condon will succeed him. \n \n \n \n \n \n After nearly eight years as Chief Executive, Robert will step down from that role and from the Board on 28th February 2022 but will stay on to support the transition process until the Company's Annual General Meeting on 21st July 2022 when he will then retire from JM. \n \n \n \n \n \n Liam Condon, who will join JM as Chief Executive on 1st March 2022, is currently a Member of the Board of Management of Bayer AG and President of the Crop Science Division, a role he has held for nine years. Bayer Crop Science is the global leader in agricultural innovation and sustainability with circa €20 billion revenue. He has served in senior roles at the former Schering AG and then Bayer HealthCare. \n \n \n \n \n \n \n \n \n JM Chairman Patrick Thomas said: \"Robert has devoted a large part of his career to leading JM, and the Board and I would like to express our sincere gratitude for what he has achieved. Under his leadership the company has evolved significantly, and we wish him every success in the next stage of his career.\"\n \n \n \n \n \n \"After a rigorous and wide-ranging selection process, the Board is delighted to appoint Liam to the role. He is a dynamic and values-driven leader with an impressive track record of leading science-based businesses while delivering consistent high-quality performance. He balances commercial ability with a strong strategic perspective. He has a proven track record of driving growth as well as modernising organisations whilst retaining a strong external engagement with stakeholders, regulators, and government. His capabilities will be key for JM as we continue to scale our attractive high growth businesses to address climate change challenges, while investi...